Home prices
The median home value in Klamath Falls is $159,500. It is about $34,140 (27%) higher in comparison to other places in this area.It is about $58,000 (26%) lower in comparison to the US as a whole, and is approximately $105,900 (39%) lower compared to the city of Medford.
Rents
The median monthly rent in Klamath Falls is $765. In comparison to the surrounding areas it is approximately $44 (6%) higher.It is roughly $297 (27%) lower in comparison to the entire country, and is approximately $207 (21%) lower compared to the city of Medford.
Nearby places
Altamont
Altamont is Klamath Falls's neighbor to the southeast. The real estate prices there are similar. The median home in Altamont costs $157,500, which works out to $2,000 (1%) lower than Klamath Falls. Rents there are similar. The median rent in Altamont is $789 a month, which works out to $24 (3%) higher than Klamath Falls.
Merrill
Merrill is about 14 miles southeast of Klamath Falls. The housing prices there are significantly less expensive. Merrill's median home price is $99,000, which is $60,500 (61%) lower than Klamath Falls. Its rents are somewhat less expensive. Merrill's median rent is $632 per month, which is $133 (21%) lower than Klamath Falls.
Bonanza
Bonanza is roughly 16 miles east from Klamath Falls. Housing prices there are pretty similar. Bonanza's median home value is $160,000, which is very similar to Klamath Falls. Its rents are somewhat more expensive. In Bonanza the median monthly rent is $867, which works out to $102 (11%) higher than Klamath Falls.
Dorris
Dorris is approximately 17 miles south from Klamath Falls. The real estate prices there are significantly less expensive. The median home in Dorris is valued at $103,200, which comes out to $56,300 (54%) lower than Klamath Falls. Rents there are somewhat less expensive. In Dorris the median monthly rent is $675, which is $90 (13%) lower than Klamath Falls.
Malin
Malin is about 20 miles southeast from Klamath Falls. The real estate prices there are substantially less expensive. The median home in Malin costs $107,100, which comes out to $52,400 (48%) lower than Klamath Falls. Rents there are a little less expensive. Malin's median rent is $643 a month, which comes out to $122 (18%) lower than Klamath Falls.